Despite approving a $3,000 dividend last week, the Senate Finance Committee is pushing ahead with reduced future dividends.
“My goal is that, and I think a goal shared by a lot of people in this body, is that we have enough money protected permanently in the permanent fund that we can continue to argue about how to spend that money 20 years from now,” said Rep. Jonathan Kreiss-Tomkins.
It was a surprise move, but with a full vote of the Senate and a conference committee with the House still ahead it’s also far from final.
With less than three weeks left in the 121-day session, there’s still no clear direction on what to do with the Alaska Permanent Fund dividend, if anything.
The Senate’s set to roll out its budget this week, while the House rolls up its sleeves on crime.
The PFD, the roadshow, the budget and ethics. Here’s what happened on Day 72.
In Dunleavy’s view, there’s a choice only between extremes: Either Alaska continues on a path he claims will lead to financial ruin and taxes or everyone needs to sign on with his Americans for Prosperity-approved plan to throttle state spending and stifle taxes.
The plan would reduce future dividends and increase the risk the account could be zeroed out.
This year legislators are facing competing, often incompatible interests. Will they take the easy way out again?
Anchorage Democratic Sen. Bill Wielechowski’s taking the lead on the repayment of reduced and vetoed PFDs.